Lantronix shares are trading higher after the company reported Q4 results. Multiple analysts raised their price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Lantronix reported Q4 results which led to a rise in its share prices. Following the announcement, multiple analysts have raised their price targets on the stock.
September 08, 2023 | 5:43 pm
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Lantronix's Q4 results have led to a rise in its share prices and analysts raising their price targets on the stock.
The positive Q4 results have led to a rise in Lantronix's share prices. This, coupled with the fact that analysts have raised their price targets on the stock, indicates a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100